Loan Payment Protection Insurance

Loan Payment Protection Insurance is a PPI sold with a loan. Payment Protection Insurance have been miss sold on loans and are eligble for a full refund.

Loan Payment Protection Insurance was sold bundles with loans between 2001 and 2007 to everyone who bought a loan from the bank. These loans were miss sold by the bank for payment protection against loans. The banks are now forced to pay this money back to the consumers. To get a loan payment protection insurance refund, you may contact your bank directly, or you can go via a solicitor. If you use a solicitor for loan payment protection insurance refund, then the bank is more likely to take you seriously, however a loan payment protection insurance solicitor may charge a fee for his services. However, if you approach the bank your self, you can do this yourself at no cost.